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the sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the econo
. the faa reported the first day of furloughs resulted in delays of more than three hours on arrivals at los angeles - less than that at other airports. "i was delayed from laguardia. we were on the ground for about an hour. they made it up in the air, but we were delayed today." but delays in chicago were spotty, though passengers were bracing for them. "we had a business meeting this morning that we pushed back back an hour but it was smooth sailing from austin." - will you make an adjustment on future flights? "no, i think it's a more scare tactic than anything else." others got that same sense. oklahoma senator tom coburn called the furloughs "a dangerous political stunt," saying that more than $100 million could be saved by using fewer consultants, supplies and less travel, and pointed to the transportation security administration, which has managed to avoid furloughs. "being a flight attendant and working as a flight attendant, i care about safety, and when you cut people out of the tower, that's safety." as of now, the furloughs mean all 47,000 faa employees, including 15 controllers,
caused the faa to furlough worker. >> entirely utterly unnecessary. >> republicans argue the white house has the flexibility to avoid this and should cut waistful programs they say the president has an agenda. >> to try to convince the american people that there are no circumstances under which we can ever cut spending at all. >> democrats defend the faa saying it had no choice. >> congress enacted it in law. it was a cool act of 2011. the vast majority of republicans voted for them. >> the faa says it won't risk safety. air traffic controllers means fewer planes in the air. the faa tells me staffing reduction has delayed 1600 flights in the past two delays. >> delays will be bad for business and frustrating for families and devastating for the economy. >> with no other budget in place delays could continue for at least another 5 months. >> this is no way to run this government. >> and the faa warns the flight delays effecting the entire country will only get worse as the summer travel season approaches. in washington keyly campbell ktvu channel 2 news. >> got officials who wanted steam
on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax. san francisco international airport report nod delays due to air traffic con
news is here here with a look on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax. san francisco international airport re
. >> heartbreaking to look at it. >> the faa is starting its furlough program, forced days off. >> delays at some of the nation's busiest airport. >> the government needs to get their act together. >> tsa, putting a temporary hold on the controversial policy change that would have allowed small >> a proposal to make it illegal to buy tobacco unless you are 21. >> and at the location where he dropped -- >> innocent men, women, and children. you get paid for it. >> which is your strongest -- >> honestly i don't know. >> is there someone we could call. >> freedom rock woodstock, and his songs were an an them for a generation. richie havens has died. >> i was never in show business. i was in the communications business. >>> a rookie news anchor clemente, thought his knife was off. >> by the way, a.j. was fired today. >> and, man, that sounds like an idiot. >> this morning's eye opener presented by prudential. >> wel "cbs this morning." good morning, norah. >> good morning, charlie. welcome back. >> good to be back. >>> the hospital treating the marathon bombing suspect was turned i
travelers at some of the nation's busiest airports. yesterday alone the faa said there were more than 400 flight delays nationwide. 47,000 faa workers must take furlough days, including 15,000 air traffic controllers, losing one day of work every other week. that's a 10% reduction in staffing. >> when 70% of your budget of your operating budget is personnel, you cannot avoid when the cuts are as deep as they are in the sequester, the kinds of actions that are taken. >> today the transportation department says it's considering a request from the airline industry to temporarily suspend the delay rule in light of these furloughs. that rule prohibits airlines from keeping passengers on the tarmac for more than three hours. here in the bay area, an average of three air traffic controllers are scheduled to be furloughed in san francisco, oakland and san jose. officials say so far they haven't seen significant delays due to the furloughs here. however, the faa tells us los angeles international experienced delays of more than three hours for some arriving flights last night and that ended up cau
destination. more now from mark matthews. >> faa says the skies are a little less crowded today and frustration among passengers a little higher. >> getting angry. irritated. we don't want you to be here. >> gate agent tells passengers we didn't know this would happen but actually two months ago the transportation secretary hood warned budget cuts could force the faa to furlough tenth of the controllers. >> congress needs to fix this. congress needs to fix a very dumb law. >> congress hasn't fixed it and new the faa says every air traffic controller layed off one day every two weeks. and flights will be delayedw3 or cancelled. >> plane back to lax. sat on the tarmac for about an hour. >> larry point dexter flight in san antonio didn't make it to los angeles last night. diverted to fresno. some flights from los angeles to here in san jose were hours late last night. >> we had flights operating as late as as early as 2:00 a.m. >> that was a flight was to arrive before 11:30. los angeles international had 3 fewer controllers today. mike kennedy flight delayed sex hours. >> bo
for more flight delays triggered by the sequester. some of the busiest airports fell behind schedule. faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the crunch forced it to furlough its air traffic controllers one day every other week. it saves the agency nearly $640 million, but the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and the early numbers show delays at baltimore washington anew york's laguardia, spiking fourfold over last monday. part of that could be weather related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. here's the confusing thing. the fligh
to the viewers out west. on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers, forcing them to tay home one day every other week will bring the system to a grinding halt. >> it will be like having hurricane sandy in the north and hurricane katrina in the south at the same time. >> reporter: so they're suing the faa to postpone the furloughs but the faa says it's the only way to slash $637 million from its budget, cuts required by congress. the busiest airports are expected to take the hardest hits. maximum delays at atlanta's hartsfield-jackson could reach 3 1/2 hours. chicago's o'hare, more than two. and at new york's laguardia, nearl
an advisory group. another thing that airline passengers might notice, longer flight delays. faa furloughing 10% of workforce because of federal spending cuts and causing delays of up to two hours at airports in los angeles, new york, and washington, d.c. our casey wian live with more on what's going on. what's going on, casey? >> reporter: wolf, another rough evening for travelers here at los angeles international airport. up to 80% of departures delayed, and 20% of arrivals, according to flightview.com. due to faa staffing issues, workforce reductions, that started sunday night. erin was on a flight sunday night from las vegas to l.a. little did she know, forced spending cuts began the same day, reducing the number of air traffic controllers on duty. the result? major flight delays. >> on an 8:25, and when i rebooked, our departure time, 1:45 a.m. a couple airline employees said it was due to fog, and a couple says it was due to sequestration. >> reporter: actually it was both according to air traffic union rep, who was working sunday night. there are four parallel runways that can operate
, i think they should furlough the president and congress. >> the faa claims it had no choice but to put 15,000 controllers on unpaid furloughs, which means 10% fewer of them working each day. that could mean delays of 3 1/2 hours in atlanta, two hours in chicago and 1 hour and 20 minutes in laguardia. the airlines are furious and argue there are other places to cut. >> the air traffic controllers have never been furloughed. they should not be furloughed now. >> the controllers complain they're being used as political pawns. >> it's the piece of sequestration that affects americans the most. and i don't think that it's fair that air traffic control, particularly air traffic controllers are being used as a pawn. >> ray lahood has a message. >> tell them to fix sequester, and this will go away. >> the administration seems to be saying that any solution to put the air traffic controllers to work must include an overall roll back of the sequester. which does not look like something that's going to happen any time soon. the next few months could be a nightmare for travelers. >> the
travel season. delays at laguardia, newark, charlotte. the faa on monday blamed staffing and weather and says staffing challenges at regional centers led to ground delays and more spacing between flights around the country. it's the first time the public has felt the impact of across the board budget cuts from the sequester. >> it's already bad enough when they have their regular delays so i can't imagine being stuck here for three hours and not knowing what's going to be next. >> in certain places i believe cutbacks should not be happening. >> i think it's horrible. there's enough problems dealing with delays and security and weather and other things when you're flying. i think they should furlough the president and congress. >> reporter: the faa claims it had no choice but to put 15,000 controllers on unpaid furloughs, which means 10% fewer of them working each day. the agency said that could mean delays of 3 1/2 hours in atlanta, more than 2 hours in chicago, and 1:20 in laguardia. the airlines are furious and argue there are other places to cut. >> the air traffic controllers hav
Search Results 0 to 12 of about 13

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